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China lashes out at US ‘coercion’ after Panama declines to renew infrastructure agreement

  • China has summoned Panama's ambassador after Panama decided to withdraw from the Belt and Road Initiative, expressing deep regret over the termination of the Memorandum of Understanding on cooperation.
  • The U.S. Secretary of State warned Panama's President about potential measures if China continued to influence the Panama Canal.
  • China's foreign ministry opposed U.S. Actions to undermine cooperation under the Belt and Road Initiative and hoped Panama would reconsider its decision.
  • Experts suggest Panama's exit could lead to a domino effect, prompting other countries to withdraw from China's Belt and Road Initiative projects.
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  • 38% of the sources are Center
38% Center
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